Sharder-The Storage Center For The New Gold, Data

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Over the course of history, different commodities have transformed economies and the ideals of commercialism and mercantilism. The California Gold Rush of the early 1850’s ushered in an economic zeitgeist of opportunism, in fact, over 300,000 people flocked to California from throughout the United States after John W.Marshall discovered gold at Sutter’s Mill to obtain a portion of this precious commodity. During the early 20th century an exponential increase of gold reserves occurred due to President Franklin D. Roosevelt’s controversial executive order in 1933 dictating that Americans must sell their coins for bank notes. The United States needed larger vaults to store the immense amount of gold reserves due to this executive order and thus, The U.S. Bullion Depository, commonly known as Fort Knox, was born; Fort Knox holds approximately 2% of all the gold ever refined throughout human history.